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On 10 November 2025, the board of directors of Cobra Resources plc announced an application for a block admission of 66,717,254 ordinary shares of 1 pence each. This application was made to the London Stock Exchange for admission to the equity shares (transition) category of the Official List of the FCA and to trading on the main market. The shares are to be issued from time to time via warrant exercises, including 6,780,580 new Ordinary Shares from warrants announced on 4 November 2025, with the Block Listing expected to become effective on or around 12 November 2025.
| Date | 10 Nov 2025 |
| Time | 07:00:10 |
| Category | Capital structure |
| ID | 8390G |
10 November 2025
Cobra Resources plc
("Cobra" or "Company")
Block Listing Application
The board of directors of Cobra Resources plc (the "Board") announces that an application has been made to the London Stock Exchange for a block admission of 66,717,254 ordinary shares of 1 pence each ("Ordinary Shares") to be admitted to listing on the equity shares (transition) category of the Official List of the Financial Conduct Authority ("FCA") and to trading on the main market for listed securities of London Stock Exchange plc (the "Block Listing").
The Block Listing relates to Ordinary Shares that will be issued from time to time in accordance with the exercise of warrants issued by the Company, which includes the admission of 6,780,580 new Ordinary Shares to be issued pursuant to the exercise of warrants as announced by the Company on 4 November 2025. All Ordinary Shares issued pursuant to the Block Listing above will rank pari passu with the existing Ordinary Shares.
It is expected that the Block Listing will become effective on or around 12 November 2025.
Enquiries:
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Cobra Resources plc Rupert Verco (Australia) Dan Maling (UK)
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via Vigo Consulting +44 (0)20 7390 0234
|
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SI Capital Limited (Joint Broker) Nick Emerson Sam Lomanto
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+44 (0)1483 413 500
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Global Investment Strategy (Joint Broker) James Sheehan |
+44 (0)20 7048 9437 james.sheehan@gisukltd.com |
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Vigo Consulting (Financial Public Relations) Ben Simons
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+44 (0)20 7390 0234 cobra@vigoconsulting.com |
The person who arranged for the release of this announcement was Rupert Verco, Managing Director of the Company.
About Cobra
Cobra Resources is a South Australian critical minerals developer, advancing assets at all stages of the pre-production pathway.
In 2023, Cobra identified the Boland ionic rare earth discovery at its Wudinna Project in the Gawler Craton - Australia's only rare earth project suitable for in situ recovery (ISR) mining. ISR is a low-cost, low-disturbance extraction method that eliminates the need for excavation, positioning Boland to achieve bottom-quartile recovery costs.
In 2025, Cobra further expanded its portfolio by optioning the Manna Hill Copper Project in the Nackara Arc, South Australia. The project contains multiple underexplored prospects with strong potential to deliver large-scale copper discoveries.
In 2025, Cobra sold its Wudinna Gold Assets to Barton Gold (ASX: BDG) for up to A$15 million in cash and shares.
Regional map showing Cobra's projects - The Boland Rare Earth Project & The Manna Hill Copper Project
